New Ethanol Group To Launch

Leading ethanol producers from around the country have announced the launch of a new organization, Growth Energy.

The organization will be dedicated to promoting clean, green ethanol as America's best renewable fuel that is high- tech and homegrown, reducing greenhouse gas emissions and the nation's dependence on foreign oil. In addition, the organization will release a new policy brief and announce a new advertising campaign focused on dispelling one of the major myths about ethanol production.

Making the announcement are four chief executive officers -- Jeff Broin of POET, Inc., Wayne Hoovestol of Green Plains Renewable Energy, Bruce Rastetter of Hawkeye Energy, and Dave Vander Griend of ICM.

Growth Energy is a group committed to the promise of agriculture and growing America's economy through cleaner, greener energy. Growth Energy members recognize America needs a new ethanol approach. Through smart policy reform and a proactive grassroots campaign, Growth Energy promotes reducing greenhouse gas emissions, expanding the use of ethanol in gasoline, decreasing our dependence on foreign oil, and creating American jobs at home.